Covenant Living Of Cromwell Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 17,667,590 | 17,370,583 | 297,007 | 5.4 | 36% |
| 2013 | 17,518,496 | 17,223,982 | 294,514 | 5.7 | 37% |
| 2014 | 17,778,298 | 19,388,099 | −1,609,801 | 4.1 | 34% |
| 2015 | 17,865,736 | 18,750,569 | −884,833 | 3.7 | 36% |
| 2016 | 18,838,745 | 20,105,503 | −1,266,758 | 2.7 | 35% |
| 2017 | 19,223,662 | 20,405,363 | −1,181,701 | 1.9 | 35% |
| 2018 | 21,055,116 | 20,658,332 | 396,784 | 2.3 | 35% |
| 2019 | 14,799,254 | 14,444,524 | 354,730 | 3.2 | 35% |
| 2020 | 22,530,388 | 22,535,490 | −5,102 | 2.1 | 37% |
| 2021 | 23,506,223 | 24,626,108 | −1,119,885 | 1.5 | 34% |
| 2022 | 25,543,810 | 30,207,356 | −4,663,546 | -1.0 | 31% |
| 2023 | 27,551,037 | 31,949,755 | −4,398,718 | -2.5 | 30% |
In its most recent public year (2023), this organization spent $4,398,718 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.5 months), down from 5.4 in 2012. Staff pay was 30% of spending. $187,897 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Covenant Living Of Cromwell Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works